Will Findel Break Through Resistance?

Findel (FDL), closed tonight at £1.845, giving a MCAP of £158.6m.

For several months it has failed to break through a ceiling at about 186p but the chart pattern is starting to look more promising (see below):

Positive Technical Analysis includes:

• Upward sloping 200 day moving average
• 50 day m.a. found support off of the 200 day m.a.
• Rising OBV
• Strong RSI
• Positive uptrend showing on the ADX
• Increase in the average volume in recent weeks

Findel - Key Metrics

The Sharescope key metrics are shown below (annotations are mine)...

As you can see, the PSR remains low (0.32) and there are encouraging positive trending figures in turnover, profit and cash flow per share (all underlined in red). The PEG ratio (0.80) is also reflecting the growing eps!

In my opinion, FDL could well make a move (upwards) before too much longer. What do you think?

Usual caveats DYOR etc.

Mick.

DIY-Investors - Free Webinar (Hurry Limited Places)

DIY-Investing (Wednesday 26th June 2013, 8pm BST)

If you're interested in finding out more about DIY-Investing, join our free webinar, by registering HERE. You'll need to hurry as places are allocated on a first come, first served basis and there are only 100 places available!

In this free webinar, we'll be covering:

• Why become a DIY-Investor?
• Is it the right approach for everyone?
• How to get started in DIY-Investing? 
• What tools do you need?
• What strategy is right for you?
• What next?

If you are new to DIY-Investing, or need help, don't miss this! 

Want to join a great community of fellow DIY-Investors? Check out www.diy-investors.com

DCD Media - About To Make A Move (3rd May 2013)?

DCD Media - Interesting TA

DCD Media (DCD) closed up  very slightly today but what caught my eye was the Technical Analysis (TA). However, before we look at that, consider the fundamentals (see below)...

Read More...

Time To Take Profits?

Is The All-Share Index (ASX) Graph Sending Us a Message?

The ASX closed down 51.73points (-1.55%) on Friday, making it the third consecutive down day in a row. "So what" you say. Well, normally, I wouldn't be to worried about this but it may pay us DIY-Investors to look a bit more closely and pay attention to the Technical Analysis...

 For those of you not familiar with "Mick's Rubber Band", you can find out more inside the members area of the DIY-Investors Website.

For those of you that are already members of the DIY-Investors Inner Circle, Mick has posted a VideoCast on this topic HERE.

With the 50 day moving average breached and the nervousness about the North Korean news, will the Index drop to the 200 day moving average (or below)? What do you think?

Sweet Things Are Made of This!

Thorntons (LSE: THT) : SP=47.75p, MCAP=£32.6m

Thorntons released its interim results today, showing some positive signs that it's shift away from 'own shop' retail sales to distribution through supermarket and other established retailers is starting to work.

Key Financial Points are:

·    Revenues up 2.9% to £133.7 million (2012: £130.0 million).

·    Profit before tax (PBT) and exceptional items rose by £2.2 million to £5.3 million (2012: £3.1 million).

·    Profit after tax rose by 49.3% to £4.0 million (2012: £2.7 million)

·    Exceptional items total £0.7 million (2012: £2.4 million) consisting of impairment and onerous lease provision movements.

·    Cash generated from operations £15.0 million (2012: £11.6 million).

·    Net debt up slightly, at £17.5 million (2012: £16.2 million).

·    No interim dividend (2012: Nil).

 Technical Analysis

 

The share price graph (above) seems to show that the recovery is progressing well. It will be interesting to see if the steady decline, between February 2011 and November 2011, is matched on the recovery by a steady rise. There doesn't seem to be any technical barriers to indicate sticking points as THT progresses through 2013.

Key Metrics

With the PSR at 0.15, there would appear to be scope for the return to profit being rewarded by a re-rating over the coming months.

What do you think?

Mick.

P.S. Pass the chocolates!

Panmure Gordon (SP=19.5p) - Recovery Play?

Is Panmure Gordon (PMR) a Recovery Opportunity?

Panmure Gordon (SP=19.5p, MCAP=£30.1m) seems to be undergoing a recovery, having seemingly completed a sloping (and untidy) inverted Head & Shoulders pattern, see below...

The resistance level at about 19.5p, had previously given support (in late 2008/early 2009), as can be seen on the longer term graph (below)...

 Panmure Gordon - Key Metrics

What stands out on the Sharescope "Key Metrics" (below), is the fact that a large part of the MCAP seems to comprise cash (£11.687m as at 30th June 2012, see the PMR Interim Results).

Recent News

With the improvements noted in the interim report and recent good news (see above), coupled with a rising share price and strengthening OBV, Panmure Gordon looks like it's worthy of consideration by us DIY-Investors. What do you think?

Free Webinar: "DIY-Investors Inner Circle" (8th January 2013)

This year, we're launching the "DIY-Investors Inner Circle" and to give you a flavour of the content, you are invited to the first webinar on Tuesday 8th January 2013 (at 8pm GMT, 3pm EST).

Mick Pavey will host the session and will cover:

• The proposed aims and content of the "DIY-Investors Inner Circle"
• Which shares made the final selection for the DIY-Investors Portfolios for 2013
• The "Longlist" of 49 shares, from which the portfolio members are drawn
• A suggestion for estimating the extent of a potential breakout (using Sharescope)
• Focus on fundamentals (an in depth look at one measure of fundamental analysis)

This first webinar is free but you need to book your place. You can register for the DIY-Investors Inner Circle Webinar Here.